BUA’s 200,000bpd Oil Refinery Progressing, Not 90% Completed Yet
Wedoany.com Report-Jan 6,Emmanuel Addeh in Abuja The BUA group yesterday clarified that although its 200,000 barrels per day crude oil refinery located in Akwa Ibom, South-south Nigeria, was progressi...
Iraq Surpasses Saudi Arabia in Weekly Oil Exports to US
Wedoany.com Report-Jan 6，The US Energy Information Administration (EIA) announced on Saturday that Iraq was the second-largest oil exporter to the United States during the past week, surpassing Saudi A...
Nigerian Govt Targets 3M Bpd Oil Production by 2025 – Lokpobiri
Wedoany.com Report-Jan 5,The Federal Government has announced plans to collaborate with the Nigerian Navy to achieve its target of 3 million barrels per day, bpd, in crude oil production by 2025. Nige...
Greening Offshore Drilling: Rigs Powered by Alternative Fuels in Pursuit of Low-Emission Era
Wedoany.com Report-Jan 4,As the offshore energy industry continues its gradual shift to low-carbon and renewable energy sources, offshore drilling players are intensifying their efforts to slash emiss...
Noble Rig Lines up New Drilling Gig Offshore Australia
Wedoany.com Report-Jan 3,U.S. offshore drilling contractor Noble Corporation has landed a new assignment for one of its semi-submersible rigs with an undisclosed firm off the coast of Australia. While...
Oil Prices Post 3% Annual Decline
Wedoany.com Report-Jan 3,Oil prices fell around 3 percent in 2024, slipping for a second straight year, as the post-pandemic demand recovery stalled, Chinas economy struggled, and the US and other non...
New Refineries: NNPCL May Cut Crude Supply to Dangote Plant
Wedoany.com Report-Jan 3,The Federal Government may cut its crude oil supply to the Dangote Petroleum Refinery, reducing it from the current allocation of 300,000 barrels per day, except if there is a...
Repsol Resumes Exploration Drilling in Libya After a 10-Year Hiatus
Wedoany.com Report-Jan 3,Libya’s state National Oil Corporation (NOC) reported yesterday (31 December 2024) that Spanish oil company Repsol has resumed exploration activity in the Murzuq Basin a...
New York Fires $75 Billion Shot for Big Oil to Foot the Landmark Climate ‘Superfund’ Bill
Wedoany.com Report-Jan 03,As the climate crisis continues to wreak havoc across the globe, New York has taken decisive action to hold fossil fuel players accountable for their pollution effects by est...
Brazil’s Petrobras Raises Jet Fuel Prices by Around 7% in Key Markets
SAO PAULO, Jan 2 (Reuters) - Brazilian state-run oil firm Petrobras (PETR4.SA), opens new tab hiked jet fuel prices for distributors starting on Jan. 1 by around 7% in some key marketing areas, such a...